Sunday, June 6, 2010

Mad Money Recap | Nightly Recap for:  Friday, June 4, 2010

Mad Money Recap Nightly Recap for: Friday, June 4, 2010: "Jim: Did we lose the home field advantage today? Did we hit a speed bump in the United States? With that rigid employment number… that showed almost no real job growth at all… no sugar coating tonight, uh -uh… doesn’t help us one bit… a number that drove us off the road… into the land of Euro… is that why we plummeted 324 Dow points and gave up 3.4% of the S&P? Finished at a four month low… in a word, yes… that is because over, and over, and over again I have told you that it is the United States against the world… we have good economic data… Europe has terrible data… and a credit crisis… while the Chinese mandarins are mandated a slow down… our up swing totally counteracted their activity… but not today… no way… we joined the world today… yeah, we lost the counterweight to their doom and their gloom"